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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Des Moines at 1659 Northwest Dr, Des Moines, IA, 50310 earns $206/mo cash flow from $1,862/mo rent with a $1,248/mo payment. Total monthly income totals $1,862/mo, and annual cash flow totals $2,472/yr on $84,532 capital. ROI tracks 22.83% on current figures, and rental yield reads 8.76% at a $254,999 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 118.91% and total cumulative return in cash sums $100,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,862/mo property income instead of your personal income.
Single Family
Built in 1916
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jason Russell • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #721492
